The American Apparel & Footwear Association (AAFA) recently sent letters to Bangladesh Prime Minister Sheikh Hasina Wazed and its main garment trade association expressing concern over criminal charges against labour leaders, mass firing of workers and the future of worker safety. The letter urged Dhaka to withdraw...
Some
125 publicly-traded companies in the manufacturing and service sectors have
expressed fears of heavy losses due to the ongoing coronavirus outbreak. Among
them, 116 companies are in the manufacturing sector, such as RMG, cement,
ceramics, engineering, and tannery sector. The other nine are in the real
estate and service sector. These companies are...
In the fourth quarter of fiscal 2019, the revenue of Nike improved to $10.2 billion, up 4 per cent on a reported basis and up 10 per cent on a currency-neutral basis. Full year revenue rose to $39.1 billion, up 7 per cent on a reported basis,...
Halaluddin, president of Bangladesh Dokan Malik Samity, an association of shop owners, told UNB they have no access to the Tk 72,750 crore stimulus package declared by the government to address the adverse impacts of the coronavirus pandemic on the country’s economy, though they shut down their...